BLKB Starts Digital Bank Project “Radicant”by Fintechnews Switzerland April 23, 2021
Swiss cantonal bank Basellandschaftliche Kantonalbank (BLKB) in partnership with with Dr. Anders Bally, the founder of venture firm Bally Capital Partners, announced that they have launched Radicant, a Zurich-based digital financial services provider that operates throughout Switzerland.
BLKB said in a statement that Radicant will be developed into a purely digital company that will provide both personalised financial advice and sustainable financial solutions.
The company intends to enter the market in 2022 with a focus on sustainable investments
Radicant is a strategic investment of BLKB, with the position of company CEO being filled by Sentifi founder Dr. Anders Bally.
“Radicant is a unique opportunity not only to redefine financial institution technology but also to bring more transparency to sustainable investment opportunities.
As we move forward, we are looking to collaborate with Swiss fintech companies, other financial services providers, NGOs, experts and private individuals who also would like to make a contribution to sustainable development. I am convinced that we can achieve an enormous amount together.”
said Dr. Anders Bally, CEO of radicant.
“We are pleased to have the opportunity to properly launch radicant after a long preparatory phase. With the recruitment of Anders Bally as CEO, we have been able to bring on board an extremely experienced and competent entrepreneur who cares deeply about sustainability.
We see this as marking the beginning of the development of a pioneering digital financial services provider that stands for responsibility and authenticity, just like BLKB.”
said John Häfelfinger, CEO of BLKB.
The chairman of radicant is Marco Primavesi, member of the Bank Council of BLKB. Stefan Mühlemann, founder and chairman of Loanboox, is member of the Board of Directors and Michel Degen, Chief Risk Officer (CRO) at BLKB becomes member of the Board of Directors instead of Herbert Kumbartzki, who has decided to retire at the end of July 2021.